Gambling is gradually reaching its peak popularity in Australia, as evidenced by the modern trends in the region. Over 90% of adult residents of the Green Continent spin the reels of their favorite online pokies in their spare time.
This is due to the emergence of the best new online casinos and the availability of games in them. Imagine a virtual gaming room with a multi-thousand collection of games that are easy to play from a PC or mobile device.
The gambling industry’s growth has attracted fraudsters targeting Australian players. Newly licensed gambling portals offer benefits such as bonuses and promotions. However, checking the honesty and license of new online casinos is essential.
Licensed Online Casino: What is it?
New AUD casinos with licenses are gaming establishments that have passed multi-level checks in obtaining permits from a certain regulator and licensor.
The license is issued by the Gaming Commission of the region, for example, Great Britain, Curacao, Malta, Gibraltar, Kahnawake, etc. Such a document strengthens players’ trust and shows the portal’s compliance with the regulations and standards of the iGaming industry as a whole.
How to Get a License?
The newest online casinos Australia will have to go through 100 circles of hell before receiving an official license. We will indicate several basic steps that await a company wishing to obtain a license for legal gambling services on the Internet:
- Applying to the appropriate regional establishment and providing information about the company, business plan, funding source, and responsible gaming principles.
- The licensor conducts a thorough study to assess the applicant and key individuals associated with the company. This includes analyzing the operator’s history, checking for criminal records, and evaluating gambling site integrity.
- The online casino owner must comply with jurisdictional laws and industry regulations, including anti-money laundering measures and modern security protocols such as data encryption and firewalls.
- The company that owns the casino must demonstrate financial stability to obtain a license, and evidence of certain monetary assets is required to maintain stable operations.
It is worth noting that the conditions for issuing a license differ not only between countries but also between states of Australia. Therefore, clarify the regulations in the territories where you plan to open a gambling portal.
What are the Benefits of Licensed Casinos?
Our experts have prepared a list of the main pros of playing in a licensed casino for you:
- High level of security: The legality of the sites’ activities is determined by strict license rules, which increase the security of users, their transactions, and their personal and contact information.
- Fair gaming process: A license means the site undergoes regular fairness checks conducted by independent auditors. They check the RNG and RTP pokies online.
- Legal support: In conflict or controversial situations, users will seek help directly from the licensor.
This is only a small list of pros, but even they are enough to understand the importance of a license.
How to Check an Online Casino License?
This procedure does not require players to have maximum knowledge in iGaming. We have compiled a table to quickly tell you about the methods of checking a license:
Action | Description |
Search for a license regulator | Visit the official website and check where the operator obtained their license. Then, look at the organization that issued the license to verify its legal activities. |
Study the license | Check the licensor’s website for official license information and the document’s portal for a detailed study. |
Detailed license check | Review the license validity, date of issue, and expiration date. Compare the information with the licensor’s website and report any discrepancies to the jurisdiction’s website. |
Contact the licensor | Did your check not give you complete information about the site’s legality? Then contact the authorized licensing body yourself. Find out about the validity of a particular online casino’s license from them. |
TOP Trusted Online Casino Regulators
Check our top list of the best jurisdictions issuing online gambling licenses:
- Curacao Gambling Control Board
- UK Gambling Commission
- Malta Gaming Authority
- Kahnawake Gambling Commission
- French ARJEL Commission
Each licensor on the list has its criteria and procedure for issuing a license document. But the unifying factor is the desire to create an honest atmosphere and a safe environment for real money gambling in Australia.
Final Thoughts
In conclusion, we remind players that a license is a fundamental or foundational document for legal online gambling. Its presence already increases players’ trust because to obtain documents, the operator undergoes multi-level checks of history, reputation, statutory capital, stability of financial condition, etc.
But even having a license won’t save you from the problems associated with illegal gambling under 21 in Australia. Remember this and play responsibly, earning big profits in your favorite pokies online.